29.34 USD
-0.44 (-1.48%)
29.1 USD
-0.24 (-0.82%)
Overall DBX gets a fundamental rating of 6 out of 10. We evaluated DBX against 280 industry peers in the Software industry. While DBX has a great profitability rating, there are quite some concerns on its financial health. DBX may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year DBX was profitable.
In the past year DBX had a positive cash flow from operations.
Of the past 5 years DBX 4 years were profitable.
In the past 5 years DBX always reported a positive cash flow from operatings.
1.2 Ratios
DBX's Return On Assets of 17.97% is amongst the best of the industry. DBX outperforms 93.97% of its industry peers.
The Return On Invested Capital of DBX (59.34%) is better than 99.29% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DBX is significantly above the industry average of 10.97%.
The last Return On Invested Capital (59.34%) for DBX is above the 3 year average (17.97%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.97% | ||
| ROE | N/A | ||
| ROIC | 59.34% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
1.3 Margins
DBX has a better Profit Margin (19.87%) than 84.04% of its industry peers.
DBX's Profit Margin has improved in the last couple of years.
The Operating Margin of DBX (24.57%) is better than 90.07% of its industry peers.
DBX's Operating Margin has improved in the last couple of years.
The Gross Margin of DBX (80.66%) is better than 82.27% of its industry peers.
DBX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.57% | ||
| PM (TTM) | 19.87% | ||
| GM | 80.66% |
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), DBX is creating value.
The number of shares outstanding for DBX has been reduced compared to 1 year ago.
The number of shares outstanding for DBX has been reduced compared to 5 years ago.
DBX has a worse debt/assets ratio than last year.
2.2 Solvency
DBX has an Altman-Z score of 0.52. This is a bad value and indicates that DBX is not financially healthy and even has some risk of bankruptcy.
DBX has a worse Altman-Z score (0.52) than 68.09% of its industry peers.
DBX has a debt to FCF ratio of 3.10. This is a good value and a sign of high solvency as DBX would need 3.10 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.10, DBX is in the better half of the industry, outperforming 64.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.1 | ||
| Altman-Z | 0.52 |
ROIC/WACC5.99
WACC9.9%
2.3 Liquidity
DBX has a Current Ratio of 0.57. This is a bad value and indicates that DBX is not financially healthy enough and could expect problems in meeting its short term obligations.
DBX has a worse Current ratio (0.57) than 92.20% of its industry peers.
DBX has a Quick Ratio of 0.57. This is a bad value and indicates that DBX is not financially healthy enough and could expect problems in meeting its short term obligations.
DBX's Quick ratio of 0.57 is on the low side compared to the rest of the industry. DBX is outperformed by 91.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.32% over the past year.
Measured over the past years, DBX shows a very strong growth in Earnings Per Share. The EPS has been growing by 38.64% on average per year.
DBX shows a decrease in Revenue. In the last year, the revenue decreased by -0.44%.
Measured over the past years, DBX shows a quite strong growth in Revenue. The Revenue has been growing by 8.93% on average per year.
EPS 1Y (TTM)26.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%23.33%
Revenue 1Y (TTM)-0.44%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-0.69%
3.2 Future
Based on estimates for the next years, DBX will show a small growth in Earnings Per Share. The EPS will grow by 2.92% on average per year.
DBX is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.17% yearly.
EPS Next Y13.69%
EPS Next 2Y10.24%
EPS Next 3Y7.86%
EPS Next 5Y2.92%
Revenue Next Year-1.21%
Revenue Next 2Y-0.88%
Revenue Next 3Y-0.72%
Revenue Next 5Y-1.17%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.19 indicates a reasonable valuation of DBX.
Based on the Price/Earnings ratio, DBX is valued cheaper than 87.59% of the companies in the same industry.
When comparing the Price/Earnings ratio of DBX to the average of the S&P500 Index (26.49), we can say DBX is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.62, the valuation of DBX can be described as reasonable.
Based on the Price/Forward Earnings ratio, DBX is valued cheaper than 87.94% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, DBX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.19 | ||
| Fwd PE | 9.62 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DBX indicates a rather cheap valuation: DBX is cheaper than 86.17% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, DBX is valued cheaply inside the industry as 94.68% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.29 | ||
| EV/EBITDA | 11.99 |
4.3 Compensation for Growth
DBX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
DBX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.74
PEG (5Y)0.26
EPS Next 2Y10.24%
EPS Next 3Y7.86%
5. Dividend
5.1 Amount
No dividends for DBX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
29.34
-0.44 (-1.48%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners111.23%
Inst Owner Change-1.55%
Ins Owners6.23%
Ins Owner Change-1.88%
Market Cap7.59B
Revenue(TTM)2.53B
Net Income(TTM)502.50M
Analysts50
Price Target28.86 (-1.64%)
Short Float %12.56%
Short Ratio6.75
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.22%
Min EPS beat(2)11.32%
Max EPS beat(2)13.12%
EPS beat(4)4
Avg EPS beat(4)12.9%
Min EPS beat(4)11.32%
Max EPS beat(4)15.74%
EPS beat(8)8
Avg EPS beat(8)11.94%
EPS beat(12)12
Avg EPS beat(12)11.32%
EPS beat(16)16
Avg EPS beat(16)10.18%
Revenue beat(2)2
Avg Revenue beat(2)0.45%
Min Revenue beat(2)0.16%
Max Revenue beat(2)0.74%
Revenue beat(4)2
Avg Revenue beat(4)0.1%
Min Revenue beat(4)-0.26%
Max Revenue beat(4)0.74%
Revenue beat(8)2
Avg Revenue beat(8)-0.19%
Revenue beat(12)4
Avg Revenue beat(12)-0.08%
Revenue beat(16)5
Avg Revenue beat(16)-0.11%
PT rev (1m)1.91%
PT rev (3m)0.87%
EPS NQ rev (1m)2.15%
EPS NQ rev (3m)3.71%
EPS NY rev (1m)4.46%
EPS NY rev (3m)4.43%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)0.81%
Revenue NY rev (1m)0.63%
Revenue NY rev (3m)0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.19 | ||
| Fwd PE | 9.62 | ||
| P/S | 3 | ||
| P/FCF | 8.29 | ||
| P/OCF | 8.16 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.99 |
EPS(TTM)2.88
EY9.82%
EPS(NY)3.05
Fwd EY10.4%
FCF(TTM)3.54
FCFY12.06%
OCF(TTM)3.6
OCFY12.25%
SpS9.77
BVpS-5.92
TBVpS-7.83
PEG (NY)0.74
PEG (5Y)0.26
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.97% | ||
| ROE | N/A | ||
| ROCE | 69.59% | ||
| ROIC | 59.34% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 24.57% | ||
| PM (TTM) | 19.87% | ||
| GM | 80.66% | ||
| FCFM | 36.22% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
ROICexc(3y)69.99%
ROICexc(5y)80.12%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)21.07%
ROCE(5y)17.71%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-15.6%
ROICexc growth 5YN/A
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
F-Score4
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.1 | ||
| Debt/EBITDA | 2.57 | ||
| Cap/Depr | 9.3% | ||
| Cap/Sales | 0.57% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 119.86% | ||
| Profit Quality | 182.25% | ||
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 0.52 |
F-Score4
WACC9.9%
ROIC/WACC5.99
Cap/Depr(3y)17.74%
Cap/Depr(5y)24.54%
Cap/Sales(3y)1.13%
Cap/Sales(5y)1.78%
Profit Quality(3y)165.94%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%23.33%
EPS Next Y13.69%
EPS Next 2Y10.24%
EPS Next 3Y7.86%
EPS Next 5Y2.92%
Revenue 1Y (TTM)-0.44%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-0.69%
Revenue Next Year-1.21%
Revenue Next 2Y-0.88%
Revenue Next 3Y-0.72%
Revenue Next 5Y-1.17%
EBIT growth 1Y22.21%
EBIT growth 3Y16.58%
EBIT growth 5YN/A
EBIT Next Year27.99%
EBIT Next 3Y6.81%
EBIT Next 5Y8.46%
FCF growth 1Y22.16%
FCF growth 3Y7.53%
FCF growth 5Y17.4%
OCF growth 1Y19.56%
OCF growth 3Y7%
OCF growth 5Y11.09%
DROPBOX INC-CLASS A / DBX FAQ
What is the ChartMill fundamental rating of DROPBOX INC-CLASS A (DBX) stock?
ChartMill assigns a fundamental rating of 5 / 10 to DBX.
What is the valuation status for DBX stock?
ChartMill assigns a valuation rating of 8 / 10 to DROPBOX INC-CLASS A (DBX). This can be considered as Undervalued.
Can you provide the profitability details for DROPBOX INC-CLASS A?
DROPBOX INC-CLASS A (DBX) has a profitability rating of 9 / 10.
What is the valuation of DROPBOX INC-CLASS A based on its PE and PB ratios?
The Price/Earnings (PE) ratio for DROPBOX INC-CLASS A (DBX) is 10.19 and the Price/Book (PB) ratio is -4.96.